MaPaC

Small triangle on BTC which might tell us whats in it for today

DERIBIT:BTCUSD.P   BTC Perpetual Futures Contract
This small triangle might tell us where we go today. Considering the small timeframe of 15min its not clear if a breakout to the top will lead to end this downturn and finally see some post halving gains. As with any triangle the target after breakout (up or down) is about 50% of its height. Lets pray for a turnaround and a bullish revival.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.